Charles Faces Tax Bill for Millions ; Mps Demand Prince Opens Up Books Amid Claims of Dodging Payments

Evening Standard - London › October 24, 2006

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Summary

PRINCE CHARLES is facing demands to open his secret accounts to full scrutiny amid claims of tax avoidance running into millions.

MPs on the public accounts committee have written to the Prince telling him they want the National Audit Office to be able to inspect the finances of the Duchy of Cornwall, his main source of income.

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Extract

Charles Faces Tax Bill for Millions ; Mps Demand Prince Opens Up Books Amid Claims of Dodging Payments

Chairman Edward Leigh said he wants to know how the Duchy of Cornwall and the Duchy of Lancaster, which provides the Queen with an income, come to be exempt from corporation and capital ga...

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